Three ways to broaden your revenue stream
In the wake of economic instability and shifting financial winds, you’ve likely been a part of several discussions at your credit union or community bank that focus on ways to keep the money flowing. [...]
News Archives
CUInsight Weekly Minute with Robbie Young – August 26, 2022
Welcome to the CUInsight Minute, sixty seconds from our Associate Publisher Robbie Young with our favorite reads from the week Mentioned: The data, GWLN and its role to bridge the gender gap by LENA GIAKOUMOPOULOS, [...]
3 ways to save on Labor Day weekend
The kids are back in school, college football is almost here, and hopefully cooler weather is on it's way ... can you believe Labor Day weekend is a week away?! You may not be traveling like [...]
Measuring true credit union success
Success at credit unions is often defined as achieving 10% asset growth and 1% return on assets, while maintaining an 8% net worth. But I firmly believe those figures do not truly define success. All [...]
Replace busy with living: How to take “busy” out of your vocabulary and mindset
“It takes courage to say yes to rest and play in a culture where exhaustion is seen as a status symbol.” – Brene Brown I had this quote posted in my office at my previous job. [...]
Key takeaways from the 2022 State of Application Strategy Report: Financial services edition
Credit union leaders in 2022 understand that transitioning to a digitally enabled financial institution, free from the proverbial 3-ton anchor of legacy technology, is an extremely complex and expensive undertaking. So, the following statement will [...]
CUNA urges NEV Test change
CUNA sent a letter to the National Credit Union Administration (NCUA) Board Wednesday sharing concerns credit unions and Leagues have raised regarding the Net Economic Value (NEV) Supervisory Test. “Credit unions across the country are [...]
ICYMI: NAFCU featured for advocacy efforts
BadCredit.org recently featured NAFCU’s advocacy efforts in Washington, D.C., specifically diving into NAFCU’s history and how the association provides advocacy, compliance assistance, and education to help the credit union industry thrive. [...]
On Compliance: What the Supreme Court’s ‘administrative state’ decision means for credit unions
The U.S. Supreme Court’s recent administrative law decision in West Virginia v. Environmental Protection Agency may have sent shockwaves throughout the Washington, D.C. regulatory state; however, it is unlikely to disrupt policymaking [...]
‘Love what you do’
After 44 years of service to Navigant Credit Union in Central Falls, R.I., Gary Furtado will retire as president/CEO at the $3 billion asset credit union by year’s end. Furtado spent his [...]
Whitepaper: Beyond overdraft
Download this comprehensive white paper from Cornerstone Advisors, based on a Q2 2022 online survey of 3,000 US consumers that explores consumers’ use of, experience with, and attitudes towards overdraft protection services and with [...]
It’s time to take a multi-pronged approach to payments growth
Despite some economic issues lingering from the global pandemic, rising inflation and threats of a recession banks are pursuing and capturing new credit cardholders with aggressive marketing strategies, more lenient underwriting criteria and rich rewards, [...]
Sign of the times: Banking for the ages
What is it about generational banking that creates such a buzz? Some may weigh in on the challenges presented by the polarization of respective expectations. While others see clear and present opportunity for diversification. Each [...]
CU, financial trades lobby against Durbin-Marshall credit card bill
With members of Congress back home, financial trade groups—including CUNA and NAFCU—are mobilizing credit unions and banks to tell lawmakers to oppose Senate legislation designed to expand the credit card processing industry. S.[...]
Commercial real estate investment rose 10% YOY in Q2 2022
CBRE Research recently released an in-depth report on the real estate investment industry for Q2 2022. They found commercial real estate investment activity this quarter increased 10% year-over-year. In this blog post, we’ll share [...]